Valens Equity Weekly Insights and Inflections for March 13, 2019
Most Compelling Long Ideas
COF, CRUS, FB, WGO, LRCX
Most Compelling ECF™ Inflections
JPM, GPK, NDAQ, RPM, ROK
Company Specific Highlights & Insights:
AMGN, HON, MSFT, ALXN, AMZN, APD, CAT, CHTR, GRMN, LMT, NLS, OMC, QGEN, TMO, ZAYO
Management confidence levels appear to be gaining positive momentum, particularly in the last several months; breaking off their stationary trend for two years. The ratio has consistently remained above 2016-2017 levels, pointing to management teams growing more confident about investing. In particular, this has been signified by a sustained rise in highly confident markers, as opposed to a decline in management concern, pointing to renewed optimism.